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A History of Global Capitalism

- Feuding Elites and Imperial Expansion
Af: Sambit Bhattacharyya Engelsk Paperback

A History of Global Capitalism

- Feuding Elites and Imperial Expansion
Af: Sambit Bhattacharyya Engelsk Paperback
Tjek vores konkurrenters priser
The book sets out to explore the economic motivations of imperial expansion under capitalism. This undoubtedly is related to two fundamental research questions in economic sciences. First, what factors explain the divergence in living standards across countries under the capitalist economic system? Second, what ensures internal and external stability of the capitalist economic system? The book adopts a unified approach to address these questions. 
 
Using the standard growth model it shows that improvements in living standards are dependent on access to raw materials, labour, capital, technology, and perhaps most importantly ''economies of scale''. Empires ensure scale economy through guaranteed access to markets and raw materials. The stability of the system depends on growth and distribution and it is not possible to have one without the other. However, the quest for growth and imperial expansion implies that one empire invariably comes into conflict with another. This is perhaps the most unstable and potentially dangerous characteristic of the capitalist system. Using extensive historical accounts the book shows that this inherent tension can be best managed by acknowledging mutual spheres of influence within the international system along the lines of the 1815 Vienna Congress. 
 
This timely publication addresses not only students and scholars of economics, geography, political science, and history, but also general readers interested in a better understanding of economic development, international relations, and the history of global capitalism. 


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The book sets out to explore the economic motivations of imperial expansion under capitalism. This undoubtedly is related to two fundamental research questions in economic sciences. First, what factors explain the divergence in living standards across countries under the capitalist economic system? Second, what ensures internal and external stability of the capitalist economic system? The book adopts a unified approach to address these questions. 
 
Using the standard growth model it shows that improvements in living standards are dependent on access to raw materials, labour, capital, technology, and perhaps most importantly ''economies of scale''. Empires ensure scale economy through guaranteed access to markets and raw materials. The stability of the system depends on growth and distribution and it is not possible to have one without the other. However, the quest for growth and imperial expansion implies that one empire invariably comes into conflict with another. This is perhaps the most unstable and potentially dangerous characteristic of the capitalist system. Using extensive historical accounts the book shows that this inherent tension can be best managed by acknowledging mutual spheres of influence within the international system along the lines of the 1815 Vienna Congress. 
 
This timely publication addresses not only students and scholars of economics, geography, political science, and history, but also general readers interested in a better understanding of economic development, international relations, and the history of global capitalism. 


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Se mere i:
Produktdetaljer
Sprog: Engelsk
Sider: 239
ISBN-13: 9783030587383
Indbinding: Paperback
Udgave:
ISBN-10: 303058738X
Kategori: Politisk forskning og teori
Udg. Dato: 2 nov 2021
Længde: 0mm
Bredde: 155mm
Højde: 235mm
Forlag: Springer Nature Switzerland AG
Oplagsdato: 2 nov 2021
Forfatter(e): Sambit Bhattacharyya
Forfatter(e) Sambit Bhattacharyya

Kategori Politisk forskning og teori

ISBN-13 9783030587383

Sprog Engelsk

Indbinding Paperback

Sider 239

Udgave

Længde 0mm

Bredde 155mm

Højde 235mm

Udg. Dato 2 nov 2021

Oplagsdato 2 nov 2021

Forlag Springer Nature Switzerland AG

Kategori sammenhænge